DIG SOUTH Tech Summit one of the South's major annual tech industry events is back this year. Here's a preview of the three-day conference.
It is commendable for the SEC Chairman to have come out with a response to Rep. Budd’s inquiry about clarifying their stance on Ethereum and token classifications. It took a while (5 months) for the SEC to respond probably because they didn’t want to give these positive signals too early while they were pursuing other enforcement actions that were already underway. Begging the SEC for further clarity has been the industry’s crying signal for a while. In January I enumerated 28 questions that the SEC needed to answer. Coin Center is to be commended for helping Rep. Budd draft that letter. In my opinion Chairman’s Clayton’s response represents a turning point in how the SEC might view tokens in the future. It is a first step but a good one. They had been entrenched so deep against tokens as a utility for so long such that they could only dig themselves out of that narrow hole gradually and that was a very good first step. What are the implications that could be interpreted from this response letter? The SEC has indirectly implied they didn’t move fast enough to fine token offerings that were previously a security during issuance. As time went by tokens became in use and networks became operational and decentralized as intended. The end-result has made their case for finding (and fining) potential violators weaker and weaker. The SEC acknowledged that a token can change its characteristics over its lifetime and that’s a very important factor in accepting the novelty aspect surrounding the utilitarian role of tokens. They acknowledged that they are willing to react to and become more straight forward (or change their opinion) if prompted by a political force (the letter from Rep. Budd). [But it is interesting that industry calls for the same seemed to have fallen on deaf ears.] Did the SEC just blink? I think they did. And maybe with a wink too. They have no choice but to become more friendly and accepting of the innovative token-based models that entrepreneurs are eager to test the grounds for. I am hopeful that an SEC token clemency regime is just beginning.
The ’Last Week Tonight’ host said he decided to spam FCC commissioners to get them to take more action against robocalls.
National Beverage Corp. Chief Executive Nick Caporella who has never quite stuck to the earnings-report script deviated from the path in a much more extreme way Thursday.
It all started with a keynote conversation with Cameron and Tyler Winklevoss in 2016.
Dirt and dust cake the smoked glass doors and windows of Victoria Hall while trash litters an approach area of overgrown shrubs.The doors are locked; there is no one inside. At the front entrance an overflowing cigarette butt receptacle is so rusted at its base it appears likely to topple at any moment.This is the global headquarters of Arbitrade the cryptocurrency exchange and coin company that claims it has title to gold bullion worth more than $15 billion.With that bullion i
An aggressive attempt to regulate software developers and individual users would violate our privacy and speech rights
It’s International Women’s Day tomorrow. A time to reflect on how far women’s rights have come and how much more needs to be done. A study found that only 6% of people in blockchain are women. I posted a story I’d written about an inspirational woman in blockchain on Reddit recently and some of the comments
According to crypto industry publication CoinDesk ... Telstra is often referred to as Australia's best mobile network but that privilege typically comes at a price. Big T ain’t cheap. However there ...
The current modus operandi of any political party is to form government from populist short-term policy. They try to pander to both sides of the political divide and ultimately fall short on both counts.
Bitcoin is dying. Anyone who’s been around crypto for more than a few years won’t have heard that for the first time. Recently CNBC’s Fast Money segment held a mock funeral for Bitcoin. As the longest bear market in the history of cryptocurrency continues the ironically titled business show proclaimed the end of Bitcoin. There …
Marina Titova head of advisory at the NKB Group blockchain investment bank says she was taking a break from her previous role in traditional investment banking when she began exploring blockchain as some of her former colleagues from Morgan Stanley were “doing something exciting in blockchain out
There’s a rather unhealthy obsession going on with price in the Bitcoin market. Speculators are everywhere particularly on social media where a few good calls can grow your audience exponentially just like the price itself. A new wave of crypto projects and research outfits are popping up with buzzwords like artificial intelligence and bold claims …
Why not look at practical reforms to ecclesial structures? Why not honestly discuss power?